I made a couple of postings earlier and have 1 more area to cover.
My story is that I filed for bankruptcy and my creditors meeting is May 14.2010
I spoke to my attorney and we have decided to not show up. He said the case would be postponed until a future date and then we would no show again and the case would be dismissed and I would be back to square one.
The reason for all this is that after I filed bankruptcy , unknown to me, I was an heir to my uncles estate. My father was the original heir but he passed away in late March and this made my sister and I the heirs. My portion so far is over twice the amount I owe to ALL my creditors combined. Now that I have the money I want to pay off my debts and be done with this.
My attorney isn't very clear on what I should be doing and he doesn't return phone calls very well so that's why I am posting here to see if someone can shed some light on this.
I have had 1 creditor contact me AFTER I filed my papers...they offered me a settlement amount much lower than their actual claim. My questions are
1. Can I just go ahead and contact my creditors and let them know I have some money and see if they will settle for an amount lower than what I owe like the first one did?
2. If I pay off all my debt to my creditors am I responsible to pay any attorneys fees on top of this? In other words these accounts were all in collection...now that the papers have been filed and a date set it looks like these have all been turned over to attorneys to represent my creditors in my bankruptcy. Because they have been turned over to attorneys am I now responsible to pay any fees these lawyers have charged my creditors?
Is it likely I will run into major problems handling things this way where I don't show and have the case dismissed and pay my creditors? I would think they would welcome this since they were looking at getting nothing and now I am willing to pay. I would take whatever I could get. Maybe I am wrong. What do you think?
ANY assistance or ideas along these lines would be greatly appreciated.
Thank you in advance for any help
Respectfully
skyline1222
My story is that I filed for bankruptcy and my creditors meeting is May 14.2010
I spoke to my attorney and we have decided to not show up. He said the case would be postponed until a future date and then we would no show again and the case would be dismissed and I would be back to square one.
The reason for all this is that after I filed bankruptcy , unknown to me, I was an heir to my uncles estate. My father was the original heir but he passed away in late March and this made my sister and I the heirs. My portion so far is over twice the amount I owe to ALL my creditors combined. Now that I have the money I want to pay off my debts and be done with this.
My attorney isn't very clear on what I should be doing and he doesn't return phone calls very well so that's why I am posting here to see if someone can shed some light on this.
I have had 1 creditor contact me AFTER I filed my papers...they offered me a settlement amount much lower than their actual claim. My questions are
1. Can I just go ahead and contact my creditors and let them know I have some money and see if they will settle for an amount lower than what I owe like the first one did?
2. If I pay off all my debt to my creditors am I responsible to pay any attorneys fees on top of this? In other words these accounts were all in collection...now that the papers have been filed and a date set it looks like these have all been turned over to attorneys to represent my creditors in my bankruptcy. Because they have been turned over to attorneys am I now responsible to pay any fees these lawyers have charged my creditors?
Is it likely I will run into major problems handling things this way where I don't show and have the case dismissed and pay my creditors? I would think they would welcome this since they were looking at getting nothing and now I am willing to pay. I would take whatever I could get. Maybe I am wrong. What do you think?
ANY assistance or ideas along these lines would be greatly appreciated.
Thank you in advance for any help
Respectfully
skyline1222
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